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Gold miners set to strike

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Tens of thousands of gold miners will stop work on Thursday, adding to a wave of strikes and potentially costing the gold mining sector $25m a day in lost output.

Wage talks for coal sector set to resume

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Talks to end the coal sector strike were set to resume on Thursday, says the National Union of Mineworkers.

Wits Gold mulls DMB spin-out

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Wits Gold is considering its options on the DBM-project, which is nearing development, saying it wants to unlock the value of the group's other exploration assets.

Amsa still assessing new iron ore project

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ArcelorMittal SA is close to completing its due dilgence study on a potential new iron ore mine in the Northern Cape.

Pan African agrees to 11% wage hikes

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Pan African Resources has concluded negotiations with the National Union of Mineworkers on wages and other conditions of employment.

Namibia’s mining body warns over new tax

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Namibia's Chamber of Mines wants the government to reconsider plans to impose a further 17% tax on exploration and mining firms.

CRG reports progress on draining mines

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Central Rand Gold has reported progress on its proposed plan to stop and partially treat acid mine drainage at its operations in the Central Rand Basin.

Hawks raid DMR, ICT over Sishen

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The Hawks have raided offices of the DMR and Imperial Crown Trading as part of an investigation into the decision to award ICT a 21.4% prospecting right over Sishen mine.

Mimosa shines for Aquarius Platinum

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Zimbabwean asset Mimosa was the stand-out performer for Aquarius Platinum in the June quarter, as the group's SA mines battled a string of production issues and the rand.

Optimum preps R800m capital raiser

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Optimum Coal Holdings is pressing ahead with plans to raise R800m, or more, by November to finance its growth projects and possibly add more to its portfolio.